TNM

Dunlop to close facility at Sahaganj

Dunlop to close facility at SahaganjDunlop factory at Sahaganj is closed for indefinite period on Sunday by the company management. The company has cited the non-cooperation and indiscipline of workers as a major reason for the factory closure. The decision would affect a large number of workers of the factory.

Maruti witnessed sales dip of 27% in November

Maruti witnessed sales dip of 27% in NovemberThe country's biggest car maker, Maruti Suzuki India suffered a sale decline of 27 per cent in November. It sold 47,103 units as compared to 64,885 units in the same month last year. The automobile sector is facing the heat of the global slowdown and the data posted by Maruti Suzuki vindicates the fact. Low demand due to global financial crisis has forced the companies to cut their sale targets and employ cost cutting measures, including retrenchment of staff.

Sachin’s Bodyguard Injured In Misfiring Incident

Sachin’s Bodyguard Injured In Misfiring IncidentA Mumbai cop deployed for Sachin Tendulkar’s security accidentally misfired and hurt himself while testing his pistol at master blaster’s residence at Bandra (West) on Saturday.

The bodyguard, Chandrasen Chigvan (35) had just joined the duty on day shift and a constable who was on night duty had handed him the pistol after he removed the magazine, although a bullet remained in the pistol.

While standing at the gate of the building Lamer, Chandrasen thought that the pistol was empty so he tried to test the trigger and it misfired and injured his finger.
 

Champions League may postpone

Champions League may postponeThe forthcoming Champions League is expected to be rescheduled following the security threats in the wake on Mumbai terror attack. The matches are likely to take place in January next year as per reports. The chief executive of the Champions League is under pressure to revise the match schedule on security grounds and availability of players. However, the decision in this regard is not yet taken.

Futures trading in 4 commodities may start soon

Futures trading in 4 commodities may start soonDoors are likely to be opened for the futures trading of four agriculture commodities on Sunday as the ban is lapsed on November 30 after period of at least six months. However, government has not issued any notification for futures trading in rubber, potato, chickpea and soya oil.

Futures trading is expected to start in a short time after the necessary notification by commodity markets regulator Forward Markets Commission (FMC).

Prime Minister holds Finance Portfolio

Prime Minister holds Finance PortfolioPrime Minister Manmohan Singh would hold the additional charge of finance portfolio after shifting the Finance Minister Palaniappan Chidambaram, to the home ministry. The PM is an economist of international repute, who served many national and international financial assignments. Dr. Singh is known as the liberator of the Indian economy, who opened the doors for foreign investors by annulling 'License Raj' system.

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